Everything web3, crypto, defi, degen
In brief BNB leads the top 10 coins by market cap with 85.6% YTD gains, far outpacing Ethereum and Bitcoin. The rally has been fueled by interest in the Aster DEX, surging on-chain activity, and institutional interest. Experts have queried whether the rally is sustainable, pointing to overbought technical indicators. While Bitcoin and Ethereum have grabbed…
Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. Subscribe to the Morning Minute on Substack.GM!Today’s top news: Crypto majors are green after Bitcoin hits new ATH at $125,600 (now $124,300) BNB hits new ATH at $1,220; Binance lists spot…
The crypto market is riding high as “Uptober” delivers on its historical promise. Bitcoin hovers near a new all-time high, Ethereum pushes toward $4,500, and altcoins are catching fire.But one token stands out: BNB, formerly known as Binance Coin, is up 24% in the past month and flashing technical signals that suggest either a moonshot…
In brief DeFi ecosystem 1inch has rebranded with a new 1inch.com domain, reflecting its commitment to user experience and decentralized finance’s growing importance for institutions. Co-founder Sergej Kunz argued that DeFi will become “indistinguishable” from traditional finance. 1inch has teamed up with Coinbase to integrate its Swap API into the crypto exchange’s app. DeFi ecosystem…
In brief BNB reached an all-time high over $1,114, making it the highest gainer among the top 10 cryptos in the last 24 hours. The rally was fueled by $7.7 million in liquidated short positions, a reduction in BNB Chain transaction fees to $0.005, and speculation around a potential U.S. spot BNB ETF, analysts told…
In brief Tron founder Justin Sun unveiled a Hyperliquid competitor Among other features, it will feature “dark pools.” The exchange is named after a mythological character. As Hyperliquid and Aster jockey for DeFi supremacy, Tron founder Justin Sun unveiled his own decentralized perpetual contracts exchange on Wednesday called SunPerp.The platform is designed to subsidize users’…
In brief Two members of the Sweden Democrats have submitted a motion calling for a study into creating a national Bitcoin reserve. Proponents said it could position Sweden for a “potentially disruptive shift in the global financial infrastructure.” The U.S. and other nations have already explored or held strategic Bitcoin reserves. Two members of the…
CRYPTO HIGHER, US GOVERNMENT SHUTS DOWN, PUMP LEADS REBOUNDCrypto Higher Despite Us Government Shutdown. Recent Runners Xpl, Aster, Stbl All Weak. Blackrock Eth Staking Etf Could Be Coming in Oct. Sec Opens Door for State Trusts as Crypto Custodians. Tron Inc. Down 85% From Peak Amid Dat Slumps. Gensler’s Deleted Texts Under Scrutiny. Metaplanet Buys…
In brief House Republicans have informed current SEC Chair Paul Atkins that they’re investigating the loss of nearly a year of text messages from former Chair Gary Gensler’s smartphone. Last month, the Office of the Inspector General report found IT staff failures and poor policies led to the permanent deletion of messages from October 2022…
Layer-1 blockchain Sei is using Japan’s licensing regime and partnerships with global institutions as the cornerstone of its expansion into Asia, according to Lee Zhu, the network’s director of growth for APAC.Speaking with Decrypt ahead of a packed week at Token2049 in Singapore, Zhu said Sei secured the necessary approvals in Japan last year, enabling…
